44544 15th Street E 9, Lancaster, California 93535, Lancaster, 93535 - 2 bed, 2 bath
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Lancaster, California 93535
This Value-Add Condominium represents a stable entry into the Lancaster market, with a $230,000 List Price aligning with its $230,000 Fair Market Value. Currently holding a Fair Condition Rating, the property requires cosmetic updates, offering a clear path for forced appreciation through interior renovation. The 1,056-square-foot layout features a private patio with neighborhood views and access to Willow Creek community amenities like a pool and tennis courts. Situated near El Dorado Elementary, this asset is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking to build equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 44544 15th Street E 9 Subject | $230,000* List Price | 2 | 2 | 1,056 | $218 | - |
A 44526 15th Street E 4 Sold | $235,200 | 2 | 2 | 1,056 | $223 | 0.1 mi |
B 44520 15th East E Sold | $243,000 | 2 | 2 | 1,056 | $230 | 0.1 mi |
C 44550 E E 15th Street Sold | $245,900 | 2 | 2 | 1,062 | $232 | 0.3 mi |
D 44442 15th Street E 5 Sold | $246,000 | 2 | 1 | 1,138 | $216 | 0.2 mi |
E 44544 15th E 11 Sold | $250,000 | 2 | 2 | 1,056 | $237 | - |
F 44460 15th Street E 13 Pending | $240,000 List Price | 2 | 2 | 1,056 | $227 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1992, this 33-year-old property falls within the 25-40 year age bracket for the 'fair' category with no major renovations noted. The listing explicitly mentions the need for 'TLC,' suggesting original finishes, outdated kitchen and bathroom fixtures, and a need for cosmetic repairs like new flooring and paint, though the structure remains functional.
Priced competitively at $230,000, this property offers significant upside for investors or first-time buyers looking to build equity through renovation.
Located in the Willow Creek community, residents benefit from desirable shared features including a clubhouse, swimming pool, and tennis courts.
The 1,056-square-foot floor plan features two bedrooms and two full bathrooms, providing a spacious and practical living arrangement for small families or roommates.
The property is explicitly listed as needing 'TLC,' suggesting that immediate capital investment will be required for repairs and cosmetic upgrades.
A monthly association fee of $340 adds a significant fixed expense to the buyer's budget, which may impact overall affordability.
Calling All Investors and First Time Buyers! This one is PRICED TO SELL! Needs some TLC. Bring your vision and make it your own. Spacious condo in the Willow Creek community. Features 2 bedrooms, 2 baths. Community amenities include a clubhouse, swimming pool and tennis courts. Schedule your appointment before its gone!
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 1.7 mi
Grades 6-8 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,056 | 1,056 | 50% |
| Lot Size | 131,281 | 131,281 | 50% |
| Price | $230.0K | $245.9K | 22% |
| Price per sq ft | $218 | $232 | 22% |
| Built year | 1992 | 1992 | 50% |
| HOA | $340.0 | $340 | 50% |
| Days on market | 238 | 201 | 78% |
Aug 27, 2025
$230,000
Initial Listing